Pennymac (NYSE: PFSI) is a specialty financial services firm with a comprehensive mortgage platform and integrated business focused on the production and servicing of U.S. mortgage loans and the management of investments related to the U.S. mortgage market. 

At Pennymac, our people are the foundation of our success and at the heart of our dynamic work culture. Together, we work towards a unified goal of helping millions of Americans achieve aspirations of homeownership through the complete mortgage journey.

The First Vice President Servicing Compliance Quality Assurance (QA) is responsible for directing all aspects of the Compliance and Quality Assurance functions pertaining to Loan Servicing activities to meet the organization’s operating and strategic needs. As the FVP Servicing QA, you will also be responsible for ensuring compliance with mortgage servicing industry laws and regulations related to Treasury (HAMP/HAFA), GSE, VA, FHA, State, and CFPB.

• Act as the Point of Contact and business unit liaison for Regulatory Updates, Audits/Exams, Remediation, and Policy & Procedure updates on behalf of assigned Servicing business unit(s)
• Work with Corporate Compliance personnel to identify new or changed regulatory requirements and assess impact
• Ensure proper interpretation, communication and implementation of laws and regulations related to Treasury (HAMP/HAFA), GSE, VA, FHA, State, and CFPB
• Perform initial compliance assessment and identify High, Medium and Low areas of risk. For each assignment, understand the various risks, processes, controls, IT systems, business performance metrics, operational challenges, and business initiatives
• Review published materials and recommend revisions or changes in scope, format, content and methods of publication; Assess documentation and automation of business controls
• Ensure that management is apprised of the results of all Corporate Compliance/QC results on a regular basis and are advised in a timely fashion of any critical deficiencies that could adversely impact operational, reputational or transactional processes within the business unit(s)
• Perform other related duties as required and assigned
• Demonstrate behaviors which are aligned with the organization’s desired culture and values

• Bachelor’s degree or equivalent work experience
• 7 years of relevant work experience
• Demonstrates expertise in a variety of the field's concepts, practices & procedures
• Practical understanding of Loan Origination & Servicing software, Database software; Development software; Internet software; Project Management software; Spreadsheet software and Word Processing software
• Must be highly proficient in Excel and Word

As one of the top mortgage lenders in the country, Pennymac has helped over 4 million lifetime homeowners achieve and sustain their aspirations of home. Our vision is to be the most trusted partner for home. Together, 4,000 Pennymac team members across the country are guided by our core values: to be Accountable, Reliable and Ethical in all that we do. 

Pennymac is committed to conducting a business that makes positive contributions and promotes long-term sustainable growth and to fostering an equitable and inclusive environment, where all employees and customers feel valued, respected and supported. 

Benefits That Bring It Home: Whether you're looking for flexible benefits for today, setting up short-term goals for tomorrow, or planning for long-term success and retirement, Pennymac's benefits have you covered. Some key benefits include: 

• Comprehensive Medical, Dental, and Vision
• Paid Time Off Programs including vacation, holidays, illness, and parental leave 
• Wellness Programs, Employee Recognition Programs, and onsite gyms and cafe style dining (select locations)
• Retirement benefits, life insurance, 401k match, and tuition reimbursement 
• Philanthropy Programs including matching gifts, volunteer grants, charitable grants and corporate sponsorships

To learn more about our benefits visit: https://pennymacnews.page.link/benefits

Compensation: Individual salary may vary based on multiple factors including specific role, geographic location / market data, and skills and experience as defined below:

• Lower in range - Building skills and experience in the role
• Mid-range - Experience and skills align with proficiency in the role 
• Higher in range - Experience and skills add value above typical requirements of the role 

Some roles may be eligible for performance-based compensation and/or stock-based incentives awarded to employees based on company and individual performance.